Memorandum of Understanding (MoU) between Engineers
India Ltd, a PSU under the Ministry of Petroleum and Natural Gas, and the
Government of Mongolia through Mongol Refinery State Owned LLC was signed 10
February 2019, on the sidelines of PETROTECH-2019 event at Greater Noida, UP.
The MoU is for Project Management Consultancy services
for construction of an oil refinery plant in Mongolia by EIL. Government of
Mongolia is in process to set-up 1.5 MMTPA greenfield crude oil refinery in
Sainshand province, under Line of Credit (LoC) extended by Government of India.
EIL has carried out Detailed Feasibility Study for the
project. It has been pre-qualified and subsequently shortlisted for providing
project management consultancy services to Mongol Refinery for the project.
The MoU was
signed by DrAltantsetseg Dashdavaa, Executive Director, Mongol Refinery State
Owned LLC and Mr R.K.Sabharwal, Director (Commercial), EIL in the presence of
Shri Dharmendra Pradhan, Minister of Petroleum and Natural Gas & Skill
Development and Entrepreneurship, and the Mongolian minister.